Partnership Letter for availing Corporate Internet Banking Transaction Access

To,
The Branch Manager,
IDBI Bank Limited,
_________________ Branch
We, the undersigned partners of the firm (name) M/s _______________________________
located at (address)__________________________________________________________
hereinafter referred to as the firm have a current account under Customer Id____________ /
A/c No. _________________________, with IDBI Bank Ltd. __________________ Branch.
And, whereas the firm has requested the bank to extend the Corporate Internet Banking
facility being offered by the bank to its customers for accessing and executing banking
transaction through the internet.
And, whereas the firm has authorised and nominated:
(1) _______________________

(2) ______________________

(3) _______________________

(4) ______________________

(5) _______________________

(6) ______________________

to avail the facility for accessing and executing banking transaction on behalf of the firm, on
the firms accounts, including by causing a debit balance in the firms account(s) with IDBI
Bank Ltd and/or continually operate the account(s) even when overdrawn, as per the access
specifications authorized in the Corporate Internet Banking application form.
We the undersigned (all partners of the firm), are jointly authorized to convey to IDBI Bank
Ltd. acceptance on behalf of the firm, of the terms and conditions contained in the application
form and on the website www.idbibank.com pertaining to use of the Corporate Internet
Banking services and agree to such changes and modifications in the said terms and
conditions as may be suggested by IDBI Bank Ltd., nominate, substitute, revoke and vary
mandate etc. from time to time and to execute such deeds, documents and other writings as
may be necessary or required for this purpose.
IDBI Bank be and hereby authorized to accept all valid and legal instructions through the
Corporate Internet banking service from the above nominated signatories in respect of firms
account/s as per the mandate given in the Corporate Net Banking application form. The firm
does agree to hold IDBI Bank harmless and their interest protected on account of it executing
such instructions by the above signatories in the manner provided.

We the partners of the firm hereby jointly and severally

(a) Agree and undertake the onus to inform the bank of any changes in the constitution of
the firm.
(b) And, agree and undertake the onus to inform the bank of any instance of insanity,
insolvency, death of a partner or in case of any dispute amongst the partners for
which the operations of the account requires to be stopped, through a letter addressed
to IDBI Bank Ltd. ______________ Branch and understand that the bank will stop
the transactions through the Corporate Internet Banking facility only once the letter is
received by the Bank.
Further, the nominated partners(s) or any other person nominated by the partners be and are
hereby authorised to receive the login id and passwords, as may be sent by IDBI Bank, for
entering into transactions on Corporate Internet Banking and are authorized severally to
convey to IDBI Bank acceptance on behalf of the firm of any transactions as well as to enter
into transactions on behalf of the firm on Corporate Internet Banking.

Dated this _______day of _________________20____.

Yours Faithfully,
For M/s _________________________
Name of ALL Partners in Block Letters

Signature

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